Microsoft Corp., which owns LinkedIn, announced April 26 its third quarter results.
In the midst of the results report was an update on LinkedIn and the company shared positive results from its third quarter, which ended March 31.
LinkedIn revenue grew 34 percent. The growth, according to the report, was "driven by a strong job market in our Talent Solutions business and strong advertising demand in our Marketing Solutions business."
In addition, LinkedIn sessions grew 22 percent with record engagement.
“Going forward, digital technology will be the key input that powers the world’s economic output,” said Satya Nadella, chairman and chief executive officer of Microsoft, in a press release. “Across the tech stack, we are expanding our opportunity and taking share as we help customers differentiate, build resilience, and do more with less.”
Microsoft didn't release specific information about LinkedIn members, which, at last check, was at 810 million.
LinkedIn has launched new analytics, updates to profile video features and a subscribe bell and enabled creators to feature newsletters on their profiles, as well as a skills-first tool to focus on hiring and developing talent.
If you'd like to dive into more of Microsoft's/LinkedIn's latest report, you can click here.
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